I don't see Loonie dropping to 50 cents next year: portfolio manager

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  • čas přidán 7. 06. 2024
  • Ryan Lewenza, portfolio manager, Turner Investments, Raymond James joins BNN Bloomberg, to discuss the factors influencing the Canadian and U.S. dollar.
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Komentáře • 25

  • @stotchmania
    @stotchmania Před 25 dny +3

    just the way this guy speaks. the confidence.
    alarm.

  • @sherdonforbes3480
    @sherdonforbes3480 Před 25 dny +5

    The Great Canadian peso is coming to a city near you folks. Rest in peace to the Canadian Dollar

  • @rtorcato
    @rtorcato Před 25 dny +6

    Stay bearish until the WEF puppets are out of Ottawa

  • @DanKac182
    @DanKac182 Před 25 dny +3

    The guy is forgetting we are against working here

  • @monahill7665
    @monahill7665 Před 24 dny +2

    Why wouldn’t we sell oil if it’s what helps the dollar?

    • @juancgarcia3535
      @juancgarcia3535 Před 24 dny +1

      Because your PM decided unilateral, he wants to switch from oil to other sources of energy, even if that means turn Canada into another Cuba.

  • @priuss6109
    @priuss6109 Před 24 dny

    "Buy low, sell high" easy peasy 😂😂😂

  • @JoshuaJackson84
    @JoshuaJackson84 Před 24 dny

    Ryan is smart!

  • @nicolasbenson009
    @nicolasbenson009 Před 24 dny +21

    We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

    • @Hectorkante
      @Hectorkante Před 24 dny +1

      Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

    • @KarenLavia
      @KarenLavia Před 24 dny +1

      You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

    • @ScottKindle-bk3hx
      @ScottKindle-bk3hx Před 24 dny +1

      Could you possibly recommend a CFA you've consulted with?

    • @KarenLavia
      @KarenLavia Před 24 dny +1

      My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @jones9-
      @jones9- Před 24 dny +1

      Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

  • @VinegarMoneyGrows
    @VinegarMoneyGrows Před 24 dny +1

    Canadian dollar? More like Canadian Peso

  • @yvonjasser
    @yvonjasser Před 25 dny

    What he is going to do if it’s drops, buy SPY instead of selling it?

  • @stephenr6194
    @stephenr6194 Před 25 dny

    Yeah he forgot to mention our automobile 🚗 export to West Africa and Nigeria could boost our loonies too😂😂😂

  • @w.s.2102
    @w.s.2102 Před 25 dny +4

    It's going to go way lower than 50 cents 😂

  • @juancgarcia3535
    @juancgarcia3535 Před 24 dny +1

    When they say it, denying it, it is going to happen. Expect $2 CAD for $1 US by the end of the year.

  • @stotchmania
    @stotchmania Před 25 dny

    the yankie dollar! ahhahahahahhahahaha.
    i'll manage my own money thanks.

  • @hchalz
    @hchalz Před 25 dny

    Canadian dollar will rally to 2 USD by 2025.
    With this burning hot economy, the Canadian government will create 500k full time jobs each month. The only question is how high the interest rate has to be, to keep the growth under control